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Joseph Costa Centre - 4 Danie Joubert St, Tzaneen, 0850, South Africa

Convenience/Township Retail Portfolio | Retail | Tender


Joseph Costa Centre

4 Danie Joubert St, Tzaneen, 0850, South Africa.

Joseph Costa Centre is a unique township strip mall configuration shopping centre in Tzaneen.

It presents prospective purchasers with a compelling investment opportunity in the burgeoning Tzaneen retail market. It provides a strong, stable income stream generated from an excellent tenant mix of mostly national tenants whilst being fully tenanted.

Investments Highlights

  • Located with excellent visibility from the busy Stasie and Danie Joubert Street. Danie Joubert street becomes the R36, the main road into the Tzaneen CBD
  • 100% Occupancy
  • The total ground floor retail trading GLA is 5,416 m²
  • The centre has a strong tenant mix with national tenants generating over 70% of gross rental income
  • Net Operating Income: R 7 783 865,15 for 12 months beginning 1st September 2023
  • The Tzaneen CBD and surrounding townships continue to grow supporting robust demand for retail

Investment Memorandum

For a full Investment Memorandum and further information, please click on the welcome tab, Register, and complete the NDA.

Map Details

Transaction Advisor

Fabio Nava

Director: Capital Markets - Advisory & Transaction Services

Contact Fabio

Henry Playne

Transaction Advisor

Contact Henry